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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S M 669
R
August 6 , 1940
OPEN-MARKET RATES IN NEW YORK CITY
(Per o e n t per annum)

Aug* 3
1940
P r e v a i l i n g r a t e on:
Commercial paper ( p r i m e , 4 t o 6 months) • «
B a n k e r s t a c c e p t a n c e s ( p r i m e , 90 days) ,
Time l o a n s ( S t o c k Exchange, 90 days) . . . . .

Week e n d i n g S a t u r d a y
J u l y 27
July 6
1940
1940

Aug. 5
1939

1/2-5/8
7/l6
1 1/4

I/2-5/8
7/l6
1 1/4

1/2-5/8
7/16
11/4

1/2-5/8
7/16
11/4

i;oo
1.00

i;oo
1.00

i;oo
1.00

i;oo
1.00

.04
,004
.58
2.24

.04
.004
.57
2.25

;os
.017
.61
2.29

.04
.032
.42
2.14

2.87
4.77

2.87
4.77

2.88
4.90

8.90
4.78

Rate oh S t o c k - e x c h a n g e c a l l l o a n s ; \ J

Average y i e l d on U n i t e d S t a t e s o b l i g a t i o n s :
T r e a s u r y b i l l s (91 d a y s )
New i s sue * . « • . . . . • • . . . . . . . . . . . » . . . » . • » .
T r e a s u r y bonds, 12 y e a r s and over l /
Average y i e l d on c o r p o r a t e bondsr Z j

l/
Zj

Averages- of d a i l y f i g u r e s *
A v e r a g e s of d a i l y f i g u r e s , week ending F r i d a y ,